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401k administrative fees
Old 09-09-2013, 08:12 PM   #1
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401k administrative fees

At Piper writes, "In addition to limiting you to high-cost funds, most 401k plans include an administrative fee. A 2009 study by Deloitte and the Investment Company Institute found the median admin fee to be 0.72% of assets annually."

If a 401k has such a fee, will it appear as a line item on the account statement, or is it typically (hidden) in some other document?

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Old 09-09-2013, 08:16 PM   #2
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It is not hidden anymore if you pay it, but it is not in the account statement. There is that new "here are the fees you pay" disclosure where it will be.

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